Bart Ben Sanford - 01 Mar 2023 Form 4 Insider Report for Inogen Inc (INGN)

Role: EVP, Operations
Signature: /s/ Leslyn Cicekli, as Attorney-in-Fact
Issuer symbol: INGN
Transactions as of: 01 Mar 2023
Net transactions value: -$26,032
Form type: 4
Filing time: 02 Mar 2023, 19:46:37 UTC
Previous filing: 05 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INGN	Common Stock	Award	$0	+1,135	+12%	$0.000000	10,531	01 Mar 2023	Direct	F1
transaction	INGN	Common Stock	Tax liability	$7,889	-507	-4.8%	$15.56	10,024	01 Mar 2023	Direct	F2
transaction	INGN	Common Stock	Options Exercise	$0	+2,402	+24%	$0.000000	12,426	01 Mar 2023	Direct
transaction	INGN	Common Stock	Tax liability	$18,143	-1,166	-9.4%	$15.56	11,260	01 Mar 2023	Direct	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	INGN	Restricted Stock Unit	Options Exercise	$0	-273	-20%	$0.000000	1,092	01 Mar 2023	Common Stock	273		Direct	F4, F5
transaction	INGN	Restricted Stock Unit	Options Exercise	$0	-236	-11%	$0.000000	1,881	01 Mar 2023	Common Stock	236		Direct	F4, F6
transaction	INGN	Restricted Stock Unit	Options Exercise	$0	-1,893	-33%	$0.000000	3,787	01 Mar 2023	Common Stock	1,893		Direct	F4, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported securities represent shares earned and vested on March 1, 2023 based on achievement of the financial performance conditions for the 2022 fiscal year that were approved as part of the 2022 performance-based restricted stock award granted on March 1, 2022.
F2	The reported shares were withheld to cover the Reporting Person's tax withholding liability in connection with the 2022 performance-based restricted stock award granted on March 1, 2022 and vested on March 1, 2023.
F3	The reported shares were withheld to cover the Reporting Person's tax withholding liability in connection with a portion of a time-based restricted stock award that vested on March 1, 2023.
F4	Each restricted stock unit represents a contingent right to receive one share of Inogen common stock.
F5	Subject to the reporting person's continued service, 25% of the restricted stock units shall vest on March 1, 2021, and 1/16th of the restricted stock units shall vest every three months thereafter on the 1st day of the month.
F6	Subject to the reporting person's continued service, 25% of the restricted stock units shall vest on March 1, 2022, and 1/16th of the restricted stock units shall vest every three months thereafter on the 1st day of the month.
F7	Subject to the reporting person's continued service, 1/3rd of the restricted stock units shall vest on March 1, 2023, and 1/3rd of the restricted stock units shall vest every year thereafter on the same day of the year as the vesting commencement date.